PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com.
At PicksThatMove, our team scours the technical and financials of hundreds of companies to identify those stocks showing the greatest potential for growth.
The investment opinions offered below and in this press release are provided by Nick Hunter, RIA, of PicksThatMove.com
Bristol-Myers Squibb Co. (NYSE: BMY), $25.53, +$0.37, 1.47%, is trading with gains today reaching a high of $25.75, with 24 million shares traded. Bristol-Myers is a biopharmaceutical and related health care products company. Bristol-Myers is trading with gains today as the company along with Otsuka Pharmaceutical Co., Ltd. announced that the U.S. Food and Drug Administration (FDA) has approved the supplemental New Drug Application for ABILIFY® (aripiprazole) for treating irritability associated with autistic disorder in pediatric patients ages 6 to 17 years, including symptoms of aggression towards others, deliberate self-injuriousness, temper tantrums, and quickly changing moods.
Incyte Corp. (NASDAQ: INCY), $8.50, +$0.78, 10.10%, is a drug discovery and development company focused on developing proprietary small molecule drugs treat unmet medical needs. Incyte reached a high today of $8.64 and is trading with gains of over 10% on 20 million shares traded. The company announced it has entered into a collaboration and license agreement with Novartis for two of its investigational hematology-oncology therapies. Incyte may receive over $1 billion in payments, including $150 million upfront plus an immediate $60 million development milestone in addition to future potential milestones and royalties.
EnCana Corporation (TSX: ECA), $57.41, +$1.46, 2.61%, produces natural gas and holds natural gas and oil resources in North America. Other company operations include transportation and marketing of crude oil, natural gas and NGL’s and marketing of refined petroleum products. Encana reached a high of $57.52 today and is trading up $1.46, on no news. Last company announcement, released mid month, confirmed third quarter financial results with cash flow of US$2.1 billion and operating earnings of $775 million, down 26 and 46 percent respectively compared to the third quarter of last year. Complete financial disclosure has been posted on SEDAR.
B2Gold Corp. (TSX: BTO), $1.15, +$0.17, 17.35%, is a mineral exploration company engaged in the acquisition and development of interests in precious metals properties worldwide. The company has made gains of over 17%, reaching a high of $1.25, on no news. Last news releases by the company confirmed that the illegal labour strike at the Limon Mine in Nicaragua had ended. The company’s operation had resumed and 100% production levels were being achieved.
Medclean Technologies Inc. (NASDAQ: MCLN) $0.022, +$0.007, 52.48%, is a company in the business of providing solutions for managing medical waste on site including designing, selling, installing and servicing on site turnkey systems to treat regulated medical waste. The company is trading at its high with gains of over 50% and 79 million shares traded, on no news. Last announcement from earlier this month reported on the third quarter financials with revenues of $1.6 million, an increase of 108% compared to $749,000 for the third quarter last year. Total operating expenses for the quarter were $572,000, compared to $1.4 million, in the third quarter last year.
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Nick Hunter, RIA, of PicksThatMove is a member of the National Association of Securities Dealers, CRD number 2022366